Subsidiary Maintained Balance

Using the Subsidiary Maintained Balance feature, you can configure a maintained balance for multiple students within a selected student group.

The maintained balance is entered in the form of a credit balance. This balance is the minimum balance the student must maintain in the subsidiary, otherwise, the student is billed the difference between the current balance and the maintained balance. This amount can be different on a per-student basis.

Prerequisites

You must have:

• Common - Processes - View authorization

• Student Accounts - Processes - Subsidiary Maintained Balance authorization

Access Method

Select the Processes tile > expand Student Accounts > select Subsidiary Maintained Balance.

Procedure to Configure Maintained Balance for a Subsidiary

1. Specify the following values.

   Group The name of the student group. If you are selecting a group and your institution has configured Anthology Student to limit groups to campuses, you can only select groups for the campus that you are assigned to. If you are selecting a group, it can also be filtered to display groups where you are the owner, public groups, and private groups to which you have been given access. Maintained Balance The minimum balance that must be maintained in the subsidiary. The maintained balance was designed to be a credit balance, so the system automatically converts the balance entered into a negative value. For example, if the student must maintain a credit balance of $500.00 for the subsidiary then the value to be entered for the maintained balance is 500.00. The system will correctly display a credit balance (-500.00) as the maintained balance for the subsidiary.

   Override previous maintained balance Select the check box to change the maintained balance amount for any student in the student group who previously had a maintained balance. If you do not select this check box, students who already have a maintained balance in the selected subsidiary will not be affected by any changes to maintained balances. Subsidiary The subsidiary name.

2. Select Save to save the update the maintained balance.